The pro wrestling world changed was in for a big surprise when TKO Holdings announcedDwayne The Rock Johnsons induction into the companys Board of Directors last year. He has been very busy with his current role in TKO Holdings, and it appears Johnson acquired thousands of shares of TKO stocks recently, flexing his financial muscles.
According to Dave Meltzer in the Wrestling Observer Newsletter, The Rock received 8,047 shares of TKO stock this past week as part of his Board of Directors role. He now holds a total of 297,720 shares, valued at approximately $46,962,353.
The Final Boss receiving the aforementioned stocks isnt a big surprise since it was always part of the agreement with TKO Holdings. In fact, he previously signed a new services and merchandising deal with WWE, securing the intellectual property rights to his legendary name, The Rock.
The Rocks role as a part ofTKOs Board of Directors also grants him influence over his choices and it has been made abundantly clear The Great One is making good use of his position in TKO at the moment.
The Rock is secure from the corporate side of things but fans are currently more invested in him making an appearance at WrestleMania 41 somehow. Even Eric Bischoff believes The Rock will be present at the Showcase of the Immortals no matter what. Nevertheless, well have to see what The Rock does in the end as he truly has the world at the palm of his hands right now.
Do you believe The Rocks growing influence in TKO Holdings will change WWE for the better? Please share your thoughts and feedback in the comment section below.
